Perma-Pipe International Holdings announced the signing of a $43 million contract for its coating and insulation services in the Middle East.
The deal, announced Jan. 10, is for a development project in the GCC region, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Perma-Pipe will provide services for an unnamed development project starting in the third quarter of 2025.
The Spring, Texas-based company provides anti-corrosion coatings, fabrication and insulation services.
“This award follows the successful execution of numerous development projects in the region,” said Saleh Sagr, senior vice president for Perma-Pipe in the region, in a press release. “Our differentiated coating solutions have proven to be well-suited for technically challenging projects.”
In July, the company was awarded $10 million in contracts for infrastructure projects in Saudi Arabia.
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